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Castelbajac Co. Ltd (308100) fair value: what the stock is really worth

As of Oct 8, 2026: fair value of Castelbajac Co. Ltd KRW 645, price KRW 326, upside +97.9%, quality 25 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? No
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Consumer Cyclical · KR · ISIN KR7308100007

CC Thin data Oct 3, 2026

Castelbajac Co. Ltd

308100 · KQ

Cheap, value-trap riskThe stock looks deeply undervalued, but low quality raises value-trap risk.

Fair value 645.12 KRW · Strongly undervalued (+97.9%)
Low debt
Quality 25/100
Weak Growth (revenue 5y −10.9 %/yr in KRW)
Loss-making · -16.5% net margin (TTM)
Negative free cash flow
Trails peers (2/8)
Narrow moat 12/100
Thin data
⚠ Dilution

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

10,360 KRW 251.00 KRW Fair Value 645.12 KRW May 2021 Oct 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.

How to read this chart

60‑month range 251.00 KRW – 10,360 KRW · fair‑value band 425.78 KRW – 806.40 KRW · the 326.00 KRW price screens below the 645.12 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.

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Company profile

Hyungji Global Co., Ltd., together with its subsidiaries, engages in the provision of golf apparel. The company was formerly known as Castelbajac Co., Ltd. and changed its name to Hyungji Global Co., Ltd. in March 2025. Hyungji Global Co., Ltd. was founded in 1968 and is headquartered in Seoul, South Korea.

Stock analysis

Castelbajac Co. Ltd (308100) currently trades at 326.00 KRW, while our model-based Fair Value estimate is 645.12 KRW, implying the stock looks roughly 49.5% undervalued today.

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Valuation

How firm this estimate is: it rests on 1 models at a data quality of 94/100, which puts the evidence level at low.

Scenario range: 425.78 KRW (bear) to 806.40 KRW (bull), the price of 326.00 KRW sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 25/100 (below-average quality), in the Consumer Cyclical sector.

Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.

Castelbajac Co. Ltd reported revenue of 37.7B KRW in FY2025 versus 74.7B KRW in FY2021, a compound −15.7%/yr. Reported net income was −34.5B KRW in FY2025.

Key figures

Market cap 7.8B KRW (≈ $5.8M) · P/S ratio 0.12 · Net margin −91.5% · Return on equity −14.8% · Return on assets (EBIT) −7.5% · Operating margin 1.3% · Revenue (TTM) 50.5B KRW · Revenue growth (YoY) +130%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (medium confidence).

What moves the price

The share trades about 81% below its 52-week high and 30% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Consumer Cyclical peers we cover trades at −11% fair-value upside, at 98%, 308100 screens cheaper than that median.

Fair Value models

Bear 425.78 KRW Fair Value 645.12 KRW Bull 806.40 KRW
Price 326.00 KRW · Upside +97.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
NCAV (Graham) 1,235 KRW 1,655 KRW 2,470 KRW 54
All 1 models by family
Asset-Based
NCAV (Graham) 1,235 KRW 1,655 KRW 2,470 KRW 54

Open the full fair value analysis →

Quality Score breakdown

Overall quality 25/100

Of which business quality 25 · Market factors (momentum, volatility) 16

Profitability 8
Margins and returns on capital today
Quality Growth 6
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 2
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 0
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 0/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−5.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−15.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−10.9%
Start year 2020 (pandemic)
Revenue growth 8 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−9.6%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
11.2% (2020) → −20.9% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Apparel Retail · 105 stocks

Beats the industry median on 2/7 measures
Overall it trails its industry peers.
Valuation
Quality Score 25 · Bottom 25%
Fair Value upside +97.9% · Top 25%
Profitability
Return on assets −4.9% · Bottom 25%
Net margin (TTM) −16.5% · Bottom 25%
Operating margin (TTM) 1.3% · Below median
Growth and dividend
Revenue growth 130.4% · Top 25%
Balance sheet
Debt / equity 0.14× · Above median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)100 · sector 54
FUTURE (revenue growth)100 · sector 16
PAST (return on equity)0 · sector 37
HEALTH (low debt)93 · sector 100
DIVIDEND (yield)0 · sector 58

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Apparel Retail stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
lululemon athletica inc., LULU $95.86 $307.70 +221% vs 308100
The Gap, Inc GAP $22.51 $37.58 +67% vs 308100
Industria de Diseño Textil, S.A ITX €53.82 €59.20 +10% vs 308100
Aritzia Inc ATZ C$117.81 C$129.59 +10% vs 308100
Fast Retailing Co 6288 HK$34.60 HK$30.70 −11% vs 308100
The TJX Companies, Inc TJX $134.41 $84.95 −37% vs 308100
Burlington Stores, Inc BURL $254.69 $150.49 −41% vs 308100
Ross Stores, Inc ROST $228.54 $118.41 −48% vs 308100
Victoria's Secret & Co VSXY $91.73 $34.31 −63% vs 308100
Trent Limited TRENT ₹2,669 ₹709.49 −73% vs 308100

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Cite: Fair Value Calculator (2026). "Castelbajac Co. Ltd Fair Value". https://www.fairvalue-calculator.com/stock/308100

Frequently asked questions

Is Castelbajac Co. Ltd (308100) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of 645.12 KRW versus a price of 326.00 KRW, about +98% upside (undervalued).
What is the fair value of 308100?
Our model-based fair value for Castelbajac Co. Ltd is 645.12 KRW (as of Oct 3, 2026), built from audited fundamentals. The current price: 326.00 KRW.
What is the quality score of 308100?
Castelbajac Co. Ltd has a Quality Score of 25/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Castelbajac Co. Ltd (308100)?
Our model-based price target is the fair value of 645.12 KRW (as of Oct 3, 2026) from 1 valuation models. Cautious scenario 425.78 KRW, optimistic scenario 806.40 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Castelbajac Co. Ltd stock forecast for 2026?
Our models put fair value at 645.12 KRW, about +98% upside versus a price of 326.00 KRW (undervalued). Cautious scenario 425.78 KRW, optimistic scenario 806.40 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Castelbajac Co. Ltd (308100)?
Castelbajac Co. Ltd reported trailing-twelve-month revenue of about 50.5B KRW (latest available figure, as of Oct 3, 2026).
What is the intrinsic value of Castelbajac Co. Ltd (308100)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Castelbajac Co. Ltd it is 645.12 KRW per share (as of Oct 3, 2026), against a price of 326.00 KRW. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Castelbajac Co. Ltd stock overvalued or undervalued in 2026?
As of Oct 3, 2026, 308100 trades below its calculated fair value: price 326.00 KRW, fair value 645.12 KRW, a gap of about +98% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 308100?
No. The price is what the market pays today (326.00 KRW); the fair value is what the company's own numbers justify (645.12 KRW). For Castelbajac Co. Ltd the two are 319.12 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Castelbajac Co. Ltd worth?
The market values Castelbajac Co. Ltd at about 7.8B KRW (market capitalisation, as of Oct 3, 2026). Per share that is 326.00 KRW; our models calculate a fair value of 645.12 KRW per share.
What do the bullish and bearish scenarios say about 308100?
Our models span a range for Castelbajac Co. Ltd: cautious scenario 425.78 KRW, base 645.12 KRW, optimistic 806.40 KRW per share (as of Oct 3, 2026, price 326.00 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Castelbajac Co. Ltd (308100)?
Balance-sheet figures for Castelbajac Co. Ltd (as of Oct 3, 2026): return on equity −14.8%, debt of 0.14 per unit of equity. They feed the Quality Score of 25/100, which measures business quality independently of the share price.
How far is 308100 from its 52-week high?
Castelbajac Co. Ltd trades at 326.00 KRW, about 81% below its 52-week high of 1,760 KRW and 30% above the low of 251.00 KRW (as of Oct 8, 2026). Distance from the high says nothing about value: that is what the fair value of 645.12 KRW is for.
Which stocks are comparable to Castelbajac Co. Ltd?
From the same area (Consumer Cyclical) we also value Industria de Diseño Textil, S.A, The TJX Companies, Inc, Fast Retailing Co, Ross Stores, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Castelbajac Co. Ltd stock attractive at the current price?
The data as of Oct 3, 2026: price 326.00 KRW, calculated fair value 645.12 KRW (+98%), Quality Score 25/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 308100 calculated?
We run Castelbajac Co. Ltd through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 645.12 KRW, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Castelbajac Co. Ltd currently trades 49 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Castelbajac Co. Ltd (308100)?
The closing price on Oct 8, 2026 was 326.00 KRW. Our model-based fair value is 645.12 KRW, about +98% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Castelbajac Co. Ltd right now?
The large discount to fair value meets weak quality (25/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (425.78 KRW). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (425.78 KRW to 806.40 KRW) leaves room in how you read the outcome.

Key figures of Castelbajac Co. Ltd

How large is the market capitalisation of Castelbajac Co. Ltd (308100)?
The market capitalisation of Castelbajac Co. Ltd is 7.8B KRW (≈ $5.8M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Castelbajac Co. Ltd (308100)?
The price-to-sales ratio of Castelbajac Co. Ltd is 0.12 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of Castelbajac Co. Ltd (308100)?
The net margin of Castelbajac Co. Ltd is −91.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Castelbajac Co. Ltd (308100)?
The return on equity (ROE) of Castelbajac Co. Ltd is −14.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Castelbajac Co. Ltd (308100)?
On an EBIT basis the return on assets of Castelbajac Co. Ltd is −7.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Castelbajac Co. Ltd (308100)?
The operating margin of Castelbajac Co. Ltd is 1.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Castelbajac Co. Ltd (308100)?
Revenue at Castelbajac Co. Ltd is growing +130% versus a year earlier (3y avg −15.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Castelbajac Co. Ltd (308100)?
Earnings per share at Castelbajac Co. Ltd are growing +152% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Castelbajac Co. Ltd (308100) generate?
The free cash flow of Castelbajac Co. Ltd is −8.0B KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Castelbajac Co. Ltd (308100) carry?
The net debt of Castelbajac Co. Ltd is 14.6B KRW (fiscal year 2024). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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